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Is Bitcoin Halal & Are Cryptocurrencies Legitimate? | Shaykh Dr. Yasir Qadhi

We are often looking for investment opportunities, but as Muslims, we have certain things that are Halal and Haram. Is cryptocurrency something we can invest in as Muslims? Shaykh Yasir explains!

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  1. Sheikh yasir qadhi is paper money haram??
    The IMF PROHIBITED USE OF GOLD AND SILVER. WHILE ALLAH GAVE GOLD AND SILVER MONEY AS MEANS OF TRANSACTION. PLZ REPLY
    PAPERMONEY HAS NO INTRINSIC VALUE

  2. Digital currency is the basis for economic and social control of the world by Ad-Dajjal. Be informed. Decentralization is a lie. Who, then, is the core dev team? They fool you into thinking you are going against the central banks, when it is from the same creators, just their next phase. Cyrpto is fiat v2.0, better, faster and smarter with much tighter responsiveness, programmability and direct control of your behavior. Physical fiat framed our behavior, while crypto seeks to control our every action. Look at this patent from Microsoft, read the text, and consider the patent number as well: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606

  3. Yasir Qadhi being a total clown and pseudo-scholar on the issue of the global mafia's gradual enforcement of 'digital', intangible, extremely subject to volatilty, 'cuurency'. He used strawman arguments to halalify extremely volatile, intangible HARAM crypto. There are generally three types of 'scholars': 1) the half-stupid, 2) the paid mouthpiece, 3) the intelligent and properly-informed and sincere. Clearly, Yasir is NOT the 3rd one on the issue of the halal nature of fake, extremely volatile, intangible non-currencies. Hence, his fatwa should be shoved down his careless throat, as this will help pave the way for neo-slavery of an unprecedented nature. Imagine tyrannical governments 'turning off' your non-real, non-existing digits in their computers for whatever reason. Regimes like the Chinese Communist Party are on that path already. Let's not forget that it took Yasir decades to finally realize that Wahhabism is not real Islam, and even so he is only hesitantly critical of it, for whatever reasons, some of which having to do with being okay with all forms of blatant tyranny and lies, as long as the criminals hide behind religion or their political power. He's still under the spell of the unquestioning, superficial, uninformed, power-worshiping mindset of Wahhabism to some extent, although he's liberated himself from some of their blatantly anti-Islamic thinking patterns.

  4. Most cryptocurrencies are "PROOF OF STAKE" which means its created with interst. Who ever is staking the coin gets interest for doing so, which in turn creates more currency. However bitcoin itself is it like that as far as I know.
    However sheikh please be careful with saying cryptocurrencies as most of them are proof of stake. Please look into proof of stake coins.

  5. Can you dare to prohibit it, sitting in the west?
    You have to follow them anyway, they command you to follow it, who cares about your fatwas, it's like a king destroys your kingdom and then you say, ok I surrender, you have to anyway, you got no choice!
    Crypto is worst than the what's in place today.
    Most modern so called scholors are affected by wahn, as said in the hadees, " the love of life and fear of death"
    No modern scholor stood in front of the modern pharoahs…

  6. It's named crypto currency, but in reality you can't use it without converting to cash, so in reality it is a store of value, an investment, so don't be foolish bi-idhnillah.

  7. How can it be Halal and allowed when it is build on pyramid gamling? And they (ie Bitcoin owners) deceive its customers on money? Please sheikh do some research on the topic ask people in Africa (ex Kenya and Somalia) how they lost their money!

  8. there was a documentary showing how bitcoin's customers invest large amounts of money time and time again and the customers get nothing back but are only pressed to invest more and more money. The reason customers continue to invest money is because they hope to get back their lost money

  9. Of course cryptocurrencies are legitimate !

    Bitcoin is gaining more momentum and this can be attributed to the recent halving that just occurred, there will be a slight pullback before the final mooning of the price of the digital asset which makes now a good time to buy more bitcoin if you aren’t already an investor or trade and increase your position so as to fully exploit the upcoming bull run. I am currently subscribed to the Trading Signal services of Mark Jean and with vital information learned from his online courses through his telegram channel and his daily trade signals I have grown my portfolio to 18 btc from my initial 4 btc in just four months. His trade signals are very accurate and have a high precision opening which yields very good ROI for you as a trader and his various trading strategies which you learn from his courses makes it all worth it and I feel more investors should also take part in his online courses, he can be contacted through his <Telegram:@ Marktrading884 >or <WhatsApp:+1(209) 881-7868___>for information on how to get started on his courses.

  10. SALAMOE ALEIKOEM SHEIKH,
    FYI , QARN SAYTAN IRAN AND THEIR ALAWITE GANGSTERS HAVE DESTROYED AND EXHUMED THE BODY OF KHALIEFA UMAR IBN ABDELAZIZ AND HIS WIFE ( RAHIMOEM ALLAH)
    WHY BECAUSE OF THEIR HATRED TOWARD KHALIEFA UMAR IBN KHATTAB (RADIA ALLAH HANHOE)
    I HAVE NO DOUBT THE REGIONS NORTH EAST ARABIA AND SOUTHERN IRAQ AND IRAN IS TRULY THE QARN OF SHAYTAN.

  11. The funny thing is fiat currency UDS, CAD, GBP etc. should all be haram!!! They're all backed by bonds sold by governments at interest! Why do you think its called a dollar bill or a note, when you use dollars you're actually trading someone's debt liability with interest attached! Bitcoin I think is also haram because it has no tangible value, it represents a claim to nothing other than bitcoin, and what is bitcoin? Its nothing but 1's and 0's conjured from the imagination and brought into exitance by theory. People say it has value because there's a limited supply, but anyone could make a similar electronic currency from nothing with no backing and only make a limited supply….where's the value?? I could make idiot bucks and only make a few of them…why would they have value? The only thing that gives it value are the idiots who would trade them and they would be adding value to my useless idiot bucks by buying them with a different currency. Bitcoin is the currency of gamblers and fools in my opinion.

  12. Jazakhallah Sheykh for the Cryptocurrencies statement. Bitcoin/Cryptocurrencies is for Losers. I like my money in my hand "Mind on my money, money on my mind".

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